Category: FOIA

A meeting of the Deferred Compensation Council (the “Council”) was held May 3, 2016 at 9:00 AM in the Conference Room of the Office of the State Treasurer (“OST”)
820 Silver Lake Blvd., Suite 100, Dover, DE 19904

As you can see above, only 6 Council members in attendance. It is being reported that All board Members in attendance, but please remember, Governor Jack Markell has left the second State Employee Seat VACANT!!

This is very interesting. Notice that the treasurers office was well represented at the last meeting. I count 6 staff members from the Treasurers office. The Delaware Legal Community seems to be heavy in attendance as well. We have the Deputy Attorney General, and at least 3 individual attorneys from various places. Controller from the Insurance Department, and lastly a representative from VOYA Financial, the proposed single vendor.

This is a very impressive group of professionals. I have no doubt that they have good intentions, are well informed, and have have integrity and warrant respect, however the question remains…. WHERE ARE THE STAKEHOLDERS?

There was NO TEACHER ON THE COMMITTEE AND THERE WAS NO TEACHER IN THE ROOM! Decisions are being made without any care given to those effected the most.

There was no one to represent the current vendors! These are companies and individuals that Delaware Teachers have been dealing with for years. They have established trust and have provided service and guidance. These people should have also had some say in what is happening!

BANKERS AND LAWYERS AND POLITICIANS…. OH MY!!! MEANWHILE STATE WORKERS ARE LEFT IN THE DARK!!!

We must continue to try and make our voices heard!

Please continue to visit our social media outlets and contact our legislators. We have to slow this down. This issue needs more time and attention! Together we can do this!!

I had filed Freedom Of Information Act (FOIA) forms with the following State Offices. State Treasurer, Insurance Commissioner, Office of Management and Budget, Department of Finance, and Governor Jack Markell’s Office. Both the Finance Department and Treasurers Office where very helpful! This information is publicly available at https://egov.delaware.gov/pmc/. At that site you can access agendas, names of council members, and meeting minutes by searching for the Deferred Compensation Council.

Here are the documents that are available on the Deferred Compensation Website.